ImIn has raised $1.0M in total across 1 funding round.
ImIn's investors include 42Phi Ventures, Accel, Backstage Capital, Collab Capital, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, RareBreed Ventures, Share Ventures, TechSquare Labs, Upfront Ventures.
iMin Technology is a Singapore-based company founded in 2018 that designs and manufactures high-performance Android POS terminals and intelligent commercial IoT solutions, primarily smart POS systems to help small and medium-sized enterprise (SME) merchants digitize their businesses.[3][5] It serves merchants globally across industries like retail, with products tailored for modern retail needs, enabling seamless customer experiences through cutting-edge hardware integrated with intelligence.[2][3] The company operates dual factories in China and Malaysia, boasting a 3.5 million production capacity and over 200 support staff, while emphasizing core values of integrity, customer-first focus, patience in refinement, and invention through R&D.[1][2] Its mission is to bring smart commercial devices to every merchant, with a vision to become the world's leading business IoT company, driving business growth and industry development.[1]
iMin Technology was established in 2018 in Singapore as a manufacturer of advanced Android commercial hardware, starting with the launch of its first-generation devices and building a distribution network in Southeast Asia (SEA).[1][3] The company quickly iterated, releasing second-generation devices while expanding into Europe, Latin America (LATAM), and the Middle East, followed by third-generation launches that gained wide recognition and entry into Australia and New Zealand.[1] Key milestones include fourth-generation devices, U.S. and Japanese market penetration, becoming a Google Mobile Services (GMS) licensee, earning Silver Partner status from Android Enterprise—the first for an Android POS manufacturer—and entering the African market.[1] With around 125 employees and $26 million in revenue, iMin has grown through relentless product refinement and global expansion, humanized by its commitment to "Customer First" listening and open communication.[1][4]
iMin rides the wave of digital transformation in retail and POS, fueled by rising demand for intelligent, Android-based hardware that supports mobile payments, data analytics, omnichannel integration, and personalized customer interactions.[2] Timing is ideal amid rapid POS innovation, where AI and IoT enable efficient, customer-centric operations for SMEs adapting to dynamic markets—iMin's high-performance terminals address inventory management and seamless experiences in a post-pandemic shift to contactless, global commerce.[2][5] Market forces like Android's enterprise dominance and manufacturing diversification (e.g., Malaysia labeling) favor its expansion, while its global footprint influences the ecosystem by setting standards for reliable, scalable IoT hardware, fostering partnerships like RSPA to drive industry-wide intelligence and growth.[1][2]
iMin is poised for accelerated growth by integrating AI into its Android POS devices, unraveling complexities to enhance mobile payments, analytics, and omnichannel capabilities amid thriving POS innovation.[2] Trends like AI-driven personalization and efficient business operations will shape its path, potentially expanding influence through deeper U.S./Japan penetration and new markets, evolving from hardware leader to full IoT powerhouse.[1][2] As the pioneer Android POS Silver Partner, iMin's patient innovation and global scale position it to deliver smart devices to every merchant, fulfilling its vision and powering SME digitization worldwide.[1][3]
ImIn has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $1.0M Seed | 42Phi Ventures, Accel, Backstage Capital, Collab Capital, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, RareBreed Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea |
